CREA updates forecast
The Canadian Real Esate Assocation (CREA) updated its forecast for home sales in Canada Monday and the new data points to a very modest sales increase for 2014 and 2015; indicating brokers may have a tougher time funding deals in the next 24 months.
Home sales remains relatively unchanged in February
Home sales remained steady in February 2014 on a month-over-month basis according to the Canadian Real Estate Association’s latest stats released Monday.
Broker's new mortgage site solves rate shopper problem
Brokers often lament the rate shopper who flees at the eleventh hour and one leading broker may have solved that problem by charging a hefty cancellation fee as part of his new self-directed mortgage shopping site.
Broker extolls new model
One broker is embracing a new model that he hopes will aid in retention and set him up for retirement; but is he forsaking the proud pillar of the industry: Independence?
Toronto brokers in for a tough 2014/2015?
Toronto brokers may feel the pinch over the course of the next two years, with the GTA’s housing market expected to feel the effects of interest rate increases, according to a TD economic report.
Broker network at the Oscars
One leading broker network placed TV ads during the season’s two biggest events and the numbers of both campaigns are in; suggesting sports fans may continue to represent a market most keen for the message.
Women underrepresented in mortgage industry?
More than half of poll participants in a recent BMO Wealth Management survey believe women face a ‘glass ceiling’ in the financial services industry and one broker believes the same applies to mortgage brokers.
Participate in fraud chat; reach 700,000+ people
Brokers who are active on Twitter – and those who aren’t yet – have an opportunity to reach hundreds of thousands of people by taking part in a fraud chat hosted by FSCO and the Toronto Police Service every Thursday.
Analyst questions CREA stats
One industry analyst is questioning how CREA reports its home sales data, suggesting his own analysis points to a less frenetically paced market.
Brokers split on whether they hope Flaherty runs again
Brokers are divided on whether they feel Finance Minister Jim Flaherty stepping down would benefit the mortgage industry, despite the finance minister’s history of instituting unpopular mortgage measures meant to cool the market.